See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.9+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $60,612 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,555 | $95,274-63.7% | $135,903-74.6% | $74,419-53.6% |
| Participation rate | 90.6% | 78.2%+12.4pp | 81.9%+8.7pp | 70.7%+19.9pp |
| Annual return | 19.18% | 32.77%-13.6pp | 68.23%-49.1pp | 34.38%-15.2pp |
| Employer contribution / active EE | $1,913 | $3,874-50.6% | $4,856-60.6% | $2,637-27.5% |
| Participant deferral / active EE | $3,115 | $7,782-60.0% | $7,758-59.8% | $4,528-31.2% |
| Admin fee / account holder | $202 | $266-24.1% | $10,762-98.1% | $348-41.9% |